Investors gain N66bn as NSEASI inches up by 0.51%

 Trading activities on the floor of the Nigerian Stock Exchange on Thursday closed on a positive note as the All Share Index rose further by 0.51% to close at 26,569.80 points from the previous close of 26,434.00 points on Wednesday.

 

  • Market Capitalisation grew by 0.52% to close at N12.824 trillion, gaining N66 billion from the previous close of N12.758 trillion.
  • Volume of traded stocks was up by 77.38% closing at 319.69 million units against the previous close of 180.23 million units.
  • Value of traded stocks grew by 1.58% to close at N3.07 billion away from the previous close of N3.02 billion on Wednesday.
  • Total number of deals at the close of trade was 2,503, down by 15.18% against the previous close of 2,951 deals on Wednesday.

Market Breadth

The market breadth closed positive as 17 stocks gained while 13 stocks declined in their share prices.

Percentage Gainers

Presco Plc with 9.51% growth led other gainers to close at N41.45 from the previous close of N37.85

 

Cadbury and UACN among other gainers also grew their share prices by 9.39% and 6.02% respectively.

 

Percentage Losers

Neimeth and Cutix Plc among other price decliners shed their share prices by 9.59% and 9.40% respectively.

Volume Drivers

  • Dangote Cement traded about 12.32 million units of its shares in 59 deals, valued at N1.73 billion.

 

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